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New Member
posted Feb 19, 2026 11:58:01 AM

When will depreciation schedules be available?

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3 Replies
Employee Tax Expert
Feb 19, 2026 12:07:02 PM

The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19).  The best time to check for a change will be Friday (2/20).

 

Just a point of clarification, the IRS did not finalize this form until Feb 11, 2026. You can see this here: IRS Draft Tax Forms, Instructions for Form 4562, Depreciation and Amortization (Including Information on Listed Property).

 

Once a form is finalized by the IRS, it has to be coded into the special language the software uses and has to be thoroughly tested for calculations and e-filing acceptability. The IRS then has to approve it for e-file. It always takes a little longer for a form to become available for e-file in a software program. The dates are subject to change due to all that needs to be done.

New Member
Feb 20, 2026 8:21:26 AM

My depreciation schedules are not showing calculations. The schedules were supposed to be available 2/20/26, but when I reprinted my tax forms (orig. created March 2026), the depreciation is still not showing. Revised tax liab/pmt/ref updated after redoing form sequences, but nothing has changed for depreciation. Are the forms ready or not? Also, when I reprint the returns, will it correctly print as of the date requested (today) and not when first processing the forms in Mark 2026? Still no response per email notification sign-up.

Employee Tax Expert
Feb 20, 2026 8:53:33 AM

If you are using desktop software you may need to do a manual update. Try clearing your Cache and Cookies and then try this link instructions.

 

If you are using the online software, Clear Cache and Cookies